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Meaning of Organization for Economic Cooperation and Development

Organiza'tion for Econom'ic Coopera'tion and Devel'opment

Pronunciation: [key]
  1. an organization formed in 1966, succeeding the Organization for European Economic Cooperation, to promote economic growth and global trade. Abbr.: OECD
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.